Technical Analysis of the Nasdaq Index
The Nasdaq index is moving in an uptrend on the 1-hour timeframe, and price has formed an OB zone around the 24,246 level, which represents an important buying area. A positive price reaction is expected from this zone. Currently, price is moving around the 24,295 level, and further upside is expected.
Key Economic News:
There are no significant economic news affecting the US Dollar today, so price movement is expected to remain stable.
Liquidity Levels:
Price is expected to rise targeting 24,410, followed by 24,551.
The bullish scenario will be invalidated if a 1-hour candle closes below 24,112.
